Charlie Sheen is close to settling his $100 million legal dispute with Warner Bros. and Two and a Half Men co-creator Chuck Lorre over Sheen's firing from the hit sitcom.
Sources confirm to THR that the studio is wrapping up a deal to end the litigation, which is being handled by a private arbitrator. Sheen and Warners and Lorre brought claims against each other stemming from Sheen's abrupt dismissal from the Lorre-produced sitcom in the wake of his bizarre behavior in the spring.
VIDEO: Charlie Sheen Roas...tral Event
Under the terms of the settlement, sources tell THR that Sheen will get an undisclosed lump sum payment in the million of dollars. He in return will drop all of his legal claims.
A Warners spokesman said the studio has no comment. Word of the settlement first emerged from the LA Times, which puts the dollar amount at $25 million. Our sources say that pricetag is high, but since Warner Bros. has been withholding Sheen's profit participation on Men from all seasons (even the work he did before he went ballistic on the studio), the amount of the settlement will likely include the reinstatement of that revenue stream.
Sheen has been on a sort of mea culpa tour in recent weeks. He has done several interviews promoting tonight's Comedy Central roast in which he hsa backtracked on the incendiary comments he made about Warner Bros. and Lorre. Then on Sunday's Emmys telecast he appeared and offered an apology to his former cast and studio for his bahavior, wishing them the best on the rebooted Men with Ashton Kutcher in the lead role.
Saw him on Wendy Williams today. He seems like one big happy camper in a good place. I bet they are paying him handsomely in that dispute. Plus he has this new show coming. Even though it didn't look to good for him at first. He not doing bad since his scandalous exit. He is a very quick witted dude. #WINNING